Mining News

Forrest fuels another nickel bidding war – by Peter Ker (Australian Financial Review – January 26, 2022)

https://www.afr.com/ Billionaire Andrew Forrest has raised his stake in takeover target Western Areas in a move that confirms suspicions he will try to complicate IGO Group’s friendly takeover of the nickel miner. Dr Forrest’s private company Wyloo Metals spent $31.4 million buying Western Areas shares on Friday and Monday at an average price of just …

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